Kraft Heinz (KHC) Misses Q4 EPS by 10c, Conducting Investigation Following SEC Subpoena

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Kraft Heinz Reports Fourth Quarter and Full Year 2018 Results

February 21, 2019 5:01 PM EST

Q4 net sales increased 0.7%; Organic Net Sales(1) increased 2.4% Q4 diluted earnings per share were $(10.34); Adjusted EPS(1) was $0.84

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (NASDAQ: KHC) (Kraft Heinz or the Company) today reported fourth quarter and full year 2018 financial results reflecting solid organic net sales growth in all segments that was more than offset by higher operating costs, as well as non-cash impairment charges related to goodwill and intangible assets.

Our fourth quarter and full year 2018 results reflect... More